$300 billion, sanctions lifted, Strait of Hormuz reopened: What Tehran gets from peace deal MOU, what Washington gets

$300 billion, sanctions lifted, Strait of Hormuz reopened: What Tehran gets from peace deal MOU, what Washington gets

The U.S.-Iran Peace Memorandum of Understanding (MoU) outlines a comprehensive framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran’s frozen assets, providing $300 billion for reconstruction, and opening the door to longer-term negotiations. Although the agreement still needs to be finalized within 60 days, both sides will gain significant strategic, economic … Read more

Chabahar aims to expand more rapidly in post-war era’: Iran envoy

Chabahar aims to expand more rapidly in post-war era': Iran envoy

Data map-Chabahar Port NEW DELHI: As bombs fall and sanctions sweep across West Asia, Iran says its economic dealings with India will remain stable during the war and once the situation stabilizes. Mohammad Fatali, Ambassador of Iran to India said toy Wartime disruptions were “just speed bumps” and Tehran’s “future prospects for Iran’s economic relations … Read more